Engine sales came in at 55,004 units in Q4 FY26, compared with 45,594 units in Q4 FY25, marking a 20.64% YoY rise. The quarter also clocked the highest-ever engine sales volume. The company highlighted consistent growth across all four quarters of FY26, extending its streak to six consecutive years of higher engine sales and profits.

On an annual basis, the company crossed a key milestone, with engine sales surpassing 2 lakh units for the first time. Volumes stood at 2,02,771 units in FY26, up 19.3% from 1,68,820 units in FY25.

For the full year, net operating revenue rose 19.3% YoY to Rs 2,007.13 crore, up from Rs 1,681.89 crore in FY25. Profit before exceptional items and tax rose 19.7% to Rs 266.98 crore in FY26, compared with Rs 223.05 crore in the previous year. Profit after tax increased 18.3% to Rs 196.31 crore from Rs 165.98 crore, marking a record annual profit for the company.

The board has recommended an equity dividend of Rs 110 per share for the financial year ending 31 March 2026. The record date for the AGM and dividend is set as 3 July 2026. The dividend, if approved, will be paid or dispatched after 20 July 2026, within the stipulated timeline.

Swaraj Engines (SEL) was set up in 1985 in Mohali, Punjab, and is primarily engaged in the business of supplying engines to the Swaraj Division of Mahindra & Mahindra (M&M).

Shares of Swaraj Engines shed 0.96% to settle at Rs 3,900.95 on 13 April 2026.